Adopted Budget Book FY 23-24 Final with TOC links - Flipbook - Page 25
Introduction → TransmiTTal leTTer
City Revenues
The total City revenue includes all funding sources and is projected to be $67,048,640 (Budget
summary, page 136). The City’s primary revenue source is derived from Charges for Services, which
includes income from Water and Sewer service charges, as well as Stormwater Fees. Following
closely behind, the second significant revenue stream for the City comes from Ad Valorem or
Property Taxes. A graphical breakdown for the total City revenue is as follows: The following two
charts provide additional summary information regarding the citywide expenditures by function
and fund reserves by fund type.
Figure 8:
Total City Projected Revenue - $67,048,640
Other Financing Sources:
6,508,448 9.71%
9.71%
Miscellaneous Revenues:
Miscellaneous
Revenues:
11,582,260 17.27%
17.27%
Ad Valorem
Ad
Valorem Taxes:
Taxes:
11,367,297 16.95%
16.95%
Utility Taxes:
3,191,444 4.76%
4.76%
Fr
Fr anchise
anchise Fees:
Fees:
3.23%
2,165,600 3.23%
Fines
Fines and
and For
For feitures:
feitures:
0.67%
446,250 0.67%
Char ges for Ser vices:
16,754,030 24.99%
24.99%
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Licenses and
Licenses
and Per
Per mits:
mits:
60,200 0.09%
0.09%
Inter gover nmental Revenue:
14,973,111 22.33%
22.33%
City of Eustis, Florida
Adopted Budget
23